2318-2322 Torrance Blvd | Torrance, CA 90501
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- LoopNet Team
2318-2322 Torrance Blvd
Torrance, CA 90501
IN ESCROW - Commercial Zoned Land · Land For Sale
·
0.41 AC
INVESTMENT HIGHLIGHTS
- The property is well positioned on Beach Cities connecting Torrance Blvd. at the SEC of Torrance Blvd & Madrid Ave. (±34,000 VPD)
- The former Auto Repair (lifts have been removed) and adjacent Branch Office Bar/Restaurant property will be delivered vacant at time of sale.
- The property abuts only one residential property (4-Plex) and alley separated small SCE substation allowing for reduced / minimal setbacks
- C-1 Zoning allows for a wide range of Commercial uses as well as Multi-Residential / Senior Living uses (CUP Permitting)
- Seller may consider entitlement contingency timing subject to deal terms and scope/size of redevelopment.
PROPERTY FACTS
DESCRIPTION
Desirable South Bay Location Torrance Blvd is a major city / commuter thoroughfare with strong surrounding retail and employment center synergy including: Old Town Torrance (charming downtown with new & historic buildings and eateries) (0.8 Miles) Honda North America Corporate Headquarters (0.7-Miles) Direct access to 110 Fwy (7-Miles) Del Amo Fashion Center (2.5 M SF Mall – 5th largest in United States (1.7-Miles) Hospital and Urgent Care Services (1.1 miles or less)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $520,200 | |
| Land Assessment | $1,040,400 | Total Assessment | $1,560,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,040,400
Improvements Assessment
$520,200
Total Assessment
$1,560,600
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